BIC receives corporate governance award

During the 2010 edition of the “Labrador(1)-Sciences Po(2) Transparency Classification,” and out of the 120 largest French listed companies, BIC won first prize for Business Sector Transparency (the most transparent consumer goods company for its financial information) and was awarded first prize for the General Transparency Category.

The objective of this « Grand Prix » is to enhance Regulated Information Best practices and to assess listed companies’ efforts in the financial transparency field on an annual basis.

An independent Scientific Transparency Committee including representatives of the regulated information field in France (Financial Market Authority, French Society of Financial Analysts, French Asset Management Association, French Institute of Directors, Association for the Promotion of Individual Shareholders, Minority Shareholder Association, NYSE Euronext) reviewed 70 ranking criteria aimed at gauging the transparency of sources of information